ProShare Advisors LLC Cuts Position in Alliant Energy Corporation $LNT

ProShare Advisors LLC reduced its stake in Alliant Energy Corporation (LNT) by 31.2% in Q3, selling over 20,000 shares. Despite this, other institutional investors like AQR Capital Management and Goldman Sachs Group increased their holdings. Alliant Energy recently raised its quarterly dividend to $0.535 per share, offering a 3.0% yield, and analysts maintain a “Moderate Buy” rating with an average target price of $71.13.

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